potential of Air ? (Score 2, Interesting)

I'm not a pro with flash development, but given the advances that javascript, CSS and DHTML are making, combined with stuff like squirrelfish extreme and the canvas object, how much potential does flash still have ? don't get me wrong : I don't want to go on a flash-bashing parade here ! I'm just wondering if the current state of javascript in modern browsers isn't up-to-par with flash for 90% of whatever flash is doing right now. The only advantages of flash are code-protection and vector graphics. But I can't really see a bonus for either of those two when it comes to rich-application-development : vectors are irrelevant here, and anyone who thinks he can just copy someone's client-side of a complete platform, and reverse engineer the server side is bound to get his head stuck in someone's ass sooner or later